Bill > SB4192

This bill amends the Program of All-Inclusive Care for the Elderly Act, commonly known as the PACE program, which provides comprehensive, community-based healthcare services for frail elderly individuals who qualify for nursing home care. Specifically, this legislation designates a new service area within Cook County, Illinois, encompassing the zip codes 60610, 60613, 60614, 60640, and 60657, for PACE program operations. The PACE program operates on a risk-based financing model where contracted organizations assume full financial responsibility for all participant care costs, including hospital and nursing home services, and must maintain a reserve fund to cover any overages, ensuring integrated acute and long-term care delivery through an interdisciplinary team approach.